Michigan AD Warde Manuel discusses pausing Big 10 "private equity" deal
Description
The Michigan Insider's Sam Webb sits down for a 1-on-1 conversation with Michigan AD Warde Manuel about Michigan's dissent on the Big 10's pursuit of a $2.4 billion deal with UC Investments, which manages the pension fund for the University of California (UC) system. He explained, emphasizing Michigan's unique position, his advocacy for advantageous terms, and the need for fair governance as part of the plan. Manuel assured fans that Michigan's interests are paramount and reiterated the university's commitment to long-term success and integrity. Manuel also addressed Michigan's decision to drop its appeal of the NCAA's sign-stealing penalty, criticizing the process and the $30 million penalty.
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